Delaware Pulse


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    Law360's Legal Lions Of The Week

    Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP top this week's edition of Law360 Legal Lions after a California federal judge wrapped up a high-profile antitrust fight filed by Epic Games against Google that began in 2020.

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    Legal Tech Funding Surges In Q3 Thanks To 3 Megadeals

    Three outlier megadeals pushed funding for legal technology companies to $1.57 billion in the third quarter of 2024, up from $392.5 million in the same period last year, but the number of mergers and acquisitions fell by about 50%.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    This was another action-packed week for the legal industry as BigLaw firms made a slew of hires and a state judge was admonished for lip synching "Jump" by Rihanna in a TikTok. Test your legal news savvy here with Law360 Pulse's weekly quiz.

  • Chancery OKs $9.5M Deal For Katapult SPAC Challenge

    A $9.5 million deal settled a Delaware Court of Chancery stockholder suit Thursday seeking damages arising from a stock slump following the $883 million blank check company deal that took subprime consumer lender Katapult Holdings Inc. public in June 2021.

  • Chancery OKs $125M Deal, Fees In Discovery Merger Suit

    Declaring it "a great settlement," a Delaware vice chancellor approved on Thursday a near chart-topping, $125 million deal to end stockholder challenges to Discovery Inc.'s $43 billion merger with AT&T in 2022, an amount eclipsed only by a $148.2 million pretrial deal in a 2016 case.

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    Israel-Palestine Suits Tested In Court With Mixed Results

    A slew of lawsuits related to the Gaza war in the Middle East have already yielded mixed outcomes and, in the view of some, contradictory rulings as they've moved through the courts, revealing a tension between free speech and college campus safety while also stoking concerns over the fairness of the judicial system.

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    Morris Nichols Welcomes 3 Recent Law Clerks To Its Roster

    Delaware firm Morris Nichols Arsht & Tunnell LLP announced Thursday that it had hired three attorneys who recently completed judicial clerkships.

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    US BigLaw Firms Accelerate Enviro Efforts, But Diversity Lags

    Amid a number of recent legal challenges, large law firms in the U.S. have amped up many of their environmental, social and governance-related efforts, with particular growth in environmental sustainability action, while areas like diversity, equity and inclusion have been less successful, according to a report out Wednesday that examined firms' public-facing communications.

  • Frost Brown Ducks Malpractice Suit Over League Trademarks

    A Delaware Superior Court judge has tossed a malpractice suit alleging that Frost Brown Todd LLP failed to adequately investigate infringement issues with trademarks a football league sought to use in the relaunch of the United States Football League.

  • US Trustee Objects To Milbank Representing Edgio In Ch. 11

    Milbank LLP should be removed as counsel for digital content delivery platform Edgio Inc. in its Chapter 11, the U.S. Trustee's Office told a Delaware federal judge, arguing the firm is conflicted because of its ongoing work representing Edgio directors and officers in various securities suits.

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    AI-Focused Exec Roles Are Having A Moment At Law Firms

    Several law firms this year, including Akin Gump Strauss Hauer & Feld LLP and McDermott Will & Emery LLP, have filled artificial intelligence-focused chief and director roles to keep up with technological advances and client demands, according to legal recruiters.

  • Del. Justices Revive Margolis Edelstein Malpractice Suit

    The full Delaware Supreme Court on Tuesday revived GMG Insurance Agency's malpractice suit claiming Margolis Edelstein's incompetence caused the insurer to have to settle a case for $1.2 million, saying there are still disputed facts about whether the law firm's representation fell below the requisite standards.

  • Chancery OKs $9.75M In Atty Fees For SPAC Stock Drop Suits

    Settlements and attorney fee rulings closed the book Tuesday on two GigCapital-related blank check deals that settled before trial in Delaware's Court of Chancery, with a vice chancellor approving combined public stockholder payouts and fee awards of $7.25 million and $2.5 million.

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    Judge Security Data Reflects Policy Shifts As Much As Threats

    Former employees of the U.S. Marshals Service say that while judicial security has never been more urgent, finding trends is nearly impossible: The way threats against federal judges are tracked has varied so much from year to year, the data is essentially meaningless.

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    Polsinelli Taps Chief Of Staff As First Practice Strategy Leader

    Polsinelli PC announced Monday that it promoted its chief of staff to serve as both its staff lead and as its first chief practice strategy officer, tasking her with managing how its practices work together to benefit clients and promoting innovation through strategies such as the use of artificial intelligence.

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    More Law Firms Want To Merge, But Deals Aren't Skyrocketing

    Law firm management consultants say they continue to see historic interest among law firms to engage in merger talks, driven further by a spate of big deals announced during the third quarter of the year, but the number of actual combinations inked has remained fairly steady, Law360 Pulse data shows.

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    Law Firm Billing Rate Hikes Doubled In 2024

    Billing rates for the top 100 law firms in the United States surged by 10% from 2023 to 2024, the largest rate hike in the past three years, according to a new research report on Tuesday.

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    Legal Employers Say AI Is Affecting Hiring

    A majority of legal industry employers say that artificial intelligence is changing the skill sets they look for in hiring, according to a report released Monday by business consulting firm Robert Half, with the report also finding that employers prefer to train existing employees than hire externally.

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    In-House Teams Using More GenAI And Fewer Law Firms

    Nearly 60% of general counsel and chief legal officers expect a reduced reliance on outside legal service providers due to generative artificial intelligence — more than double since a 2023 survey showed 25% of respondents would cut the number of law firms they work with in the next year to slash costs, according to data released Monday.

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    Navigating The Path To Equity: Tips For Nonequity Partners

    The rapid growth of nonequity partners at major law firms has expanded career options for attorneys, but it also brings distinct challenges as many lawyers in these roles often face extended paths to equity partnership, unclear succession planning, and limited transparency around compensation.

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    Lateral Hiring Softens In Q3 As Partner Moves Slow

    After a brief period of stability in the second quarter, lateral recruitment at law firms has softened once more in the third quarter of 2024, particularly in the hiring of partner candidates, according to recent data from legal data company Firm Prospects LLC.

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    Outgoing NCSC Prez Talks Transparency, Checks & Balances

    Mary McQueen, who is retiring after more than 20 years as president of the National Center for State Courts, joined Law360 Pulse for a conversation about transparency and safety in the courts and her legacy at the organization.

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    White House Alum To Co-Lead Regulation At Lewis Brisbois

    Lewis Brisbois Bisgaard & Smith LLP has tapped an attorney with deep experience across multiple government positions, including serving in the White House Office of Management and Budget, to co-chair its administrative law and regulatory practice.

  • Law360 Pulse Spotlight On Mid-Law Work

    Potter Anderson's representation of IBM in a patent suit and Vedder Price's work on $1 billion pair of drilling contracts lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Sept. 20 to Oct. 4.

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    Legal Industry Jobs Creep Back Up After 4-Month Decline

    After four straight months of employment declines, the U.S. Bureau of Labor Statistics' latest report shows positive signs for the legal industry.

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Expert Analysis

  • The Law Firm Qualities Partners Seek In Lateral Moves Author Photo

    In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.

  • Small Steps Can Help Employers Beat Attorney Burnout Author Photo

    Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.

  • The Evolving Role Of The Law Firm Legal Secretary Author Photo

    Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.

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    Ask A Mentor: How Can I Ace My Upcoming Annual Review? Author Photo

    Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.

  • How Your Law Firm's Brand Can Convey Prestige Author Photo

    In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.

  • How Dynamic Project Management Can Help Law Firms Author Photo

    Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.

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    Ask A Mentor: How Can I Successfully Switch Practices? Author Photo

    Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.

  • A Road Map For Creating Law Firm Sustainability Programs Author Photo

    Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.

  • Why Firms Should Help Associates Do More Pro Bono Work Author Photo

    Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.

  • Confronting The Stigma Of Alcohol Abuse In Legal Industry Author Photo

    The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.

  • Opinion

    Lawyers Have Duty To Push For Immigration Court Reform Author Photo

    Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.

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    ​​​​​​​Ask A Mentor: How Can 1st-Year Attys Manage Remote Work? Author Photo

    First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.

  • 5 Ways To Lead Lawyer Teams Toward Better Mental Health Author Photo

    Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.

  • How Your Summer Associate Events Can Convey Inclusivity Author Photo

    As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.

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    Ask A Mentor: How Do I Negotiate Long-Term Flex Work? Author Photo

    Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.

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